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Violation Tracker Individual Record

Company: Trafigura Beheer B.V. 
Current Parent Company: Trafigura
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $126,998,297
Year: 2024
Date: March 28, 2024
Offense Group: competition-related offenses
Primary Offense: Foreign Corrupt Practices Act
Secondary Offense: kickbacks and bribery
Mega-Scandal: Foreign Bribery
Violation Description: Trafigura Beheer B.V., an international commodities trading company with its primary operations in Switzerland, pleaded guilty and will pay over $126 million to resolve an investigation by the U.S. Justice Department into violations of the Foreign Corrupt Practices Act (FCPA), stemming from the company' corrupt scheme to pay bribes to Brazilian government officials to secure business with Brazil's state-owned and state-controlled oil company Petrobras. 
Level of Government: federal
Action Type: agency action
Agency: Justice Department Criminal Division
Civil or Criminal Case: criminal
HQ Country of Current Parent: Netherlands
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: commodity trading
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.